Network People Services Technologies Ltd.

BSE: 544396 | NSE: NPST
Small Cap | IT - Software
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Network People Services secures contract to develop digital payment infrastructure in Africa

Date: 28-05-2025

Network People Services Technologies (NPST) has secured a contract to Develop digital payment infrastructure for a Regulated Financial Institute in Africa. This milestone engagement marks NPST’s first major foray into the African market and represents a significant step in the company’s global growth strategy.

The project entrusts NPST with the design and implementation of mission-critical payments ecosystem to enable secure, compliant and scalable platform, the platform will be a key enabler for payments modernization, aimed at promoting innovation and ensuring equitable access to financial services. This engagement reinforces NPST’s reputation as a trusted technology partner for building national-scale digital financial ecosystems. With fast-growing GDP in multiple African economies, the digital infrastructure requirement in continent is on rise and NPST foresee this opportunity as the first of many to come and is expected to catalyse further expansion into additional African and international markets.

As part of the agreement, NPST will develop the platform which will adhere to global standards for interoperability, security and scalability, ensuring robust and future-ready infrastructure taking forward the digital financial ecosystem in the African continent. 

Network People Services Technologies is a banking technology service provider (TSP) and is engaged in providing software and mobility solutions to banking and finance sector primarily focusing on mobile banking applications, digital transaction solutions such as IMPS, UPI, digital wallet, etc. and smart transaction solutions.